Insider Transaction Report for Arrow Financial Corp

Philip C. Morris, a director at Arrow Financial Corp, reported an optional cash purchase of 28 shares of Common Stock under the Company's Dividend Reinvestment Plan (DRIP) on April 13, 2026. The purchase was made at a price of $36.33 per share. Following this transaction, Morris now holds 7535 shares of Arrow Financial Corp stock. This transaction is classified as a direct ownership acquisition.